The Hershey Company (HSY)
| Market Cap | 34.45B |
| Revenue (ttm) | 10.97B |
| Net Income (ttm) | 1.77B |
| Shares Out | 202.35M |
| EPS (ttm) | 8.70 |
| PE Ratio | 19.58 |
| Forward PE | 20.43 |
| Dividend | $5.48 (3.22%) |
| Ex-Dividend Date | Nov 18, 2024 |
| Volume | 1,330,809 |
| Open | 169.21 |
| Previous Close | 168.94 |
| Day's Range | 168.59 - 172.04 |
| 52-Week Range | 168.16 - 211.92 |
| Beta | 0.37 |
| Analysts | Sell |
| Price Target | 185.26 (+8.81%) |
| Earnings Date | Feb 6, 2025 |
About HSY
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack item... [Read more]
Financial Performance
In 2023, Hershey's revenue was $11.16 billion, an increase of 7.16% compared to the previous year's $10.42 billion. Earnings were $1.86 billion, an increase of 13.19%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for HSY stock is "Sell." The 12-month stock price forecast is $185.26, which is an increase of 8.81% from the latest price.
News
I see 'no downside' for Hershey as they await turnaround, says MAI Capital's Chris Grisanti
Chris Grisanti, MAI Capital Management chief equity strategist, joins CNBC's 'Power Lunch' to discuss why there is potential upside for Hershey ahead, how an incoming Trump administration may impact t...
Hershey's Main Owner Said to Reject Mondelez Offer
The main owner of US chocolate maker Hershey Co. has rejected a preliminary takeover offer from Mondelez International Inc., people familiar with the matter said. Liana Baker has more on Bloomberg Tel...
Traders sour on Hershey as Mondelēz appears cool to potential merger
Hershey (HSY) shares fell Wednesday as traders absorbed news that the candy giant might be less likely to merge with Mondelēz than first thought.
Hershey's main owner rejects Mondelez's offer as too low, Bloomberg News reports
Hershey's main controlling owner has rejected Mondelez International's preliminary takeover offer, terming it as too low, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Hershey Stock Falls. Mondelez Hints Deal for Chocolate Maker Doesn't Fit Its Strategy.
A report earlier this week said Mondelez had made a preliminary merger approach to the U.S. chocolate maker.
Mondelez says to focus on bolt-on deals amid report of deal talks with Hershey
Cadbury-owner Mondelez said on Wednesday it would focus on "bolt-on" deals as it announced an up to $9 billion share buyback program.
Hershey's U.S. Confection President Leaving After Three Months on Job
Hershey said Del Pozzo will depart this week, with President and CEO Michele Buck assuming oversight of the business while the Hershey, Pa., company works to identify a successor.
Michele Buck to Assume Leadership of U.S. Confection Business on Interim Basis Upon Departure of Michael Del Pozzo
HERSHEY, Pa. , Dec. 10, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced that Michael Del Pozzo, President, U.S. Confection, is departing the company effective December 12, 2024.
Hershey Shareholders Shouldn't Count on a Mondelez Jackpot
Hershey has rejected Mondelez before, and a deal would make even less sense now.
S&P 500 Gains and Losses Today: Hershey Stock Simmers as Mondelez Weighs Takeover
Major U.S. equities indexes moved lower at the onset of a new trading week that will see the release of several key economic data points. In particular, Wednesday's Consumer Price Index (CPI) report c...
This merger would create the world's largest candy company
Oreo-maker Mondelez is reportedly exploring a major acquisition.
Stock Market Today: Markets Reflect Global Uncertainty
Exuberance fades as investors confront micro challenges and a murkier macro environment.
Mondelez is reportedly exploring buying Hershey. Ozempic and other factors could help justify a sale, analyst says.
Shares of chocolate maker Hershey Co. on Monday were on track for their biggest percentage gain since 2016, after Bloomberg reported that Oreo maker Mondelez International Inc. was exploring a possibl...
Reports of a Takeover Send Hershey Stock Soaring
Hershey (HSY) shares climbed Monday on news that snack-food giant Mondelez International (MDLZ), is looking at acquiring the U.S.-based chocolate company.
Food Giant Mondelēz Reportedly Exploring Hershey Acquisition
Consumer packaged goods giant Mondelēz is reportedly considering a deal to acquire chocolate brand Hershey. That's according to a report Monday (Dec. 9) by Bloomberg News, citing sources familiar with...
Hershey stock soars on report of another Mondelez takeover attempt
Oreo maker Mondelez is reportedly trying to buy Hershey. In 2016, Hershey's board rejected the snacking company's $23 billion offer.
Mondelez Said to Explore Takeover of Hershey
Mondelez International is exploring an acquisition of iconic US chocolate maker Hershey Co., in a potential deal that would create a food giant with combined sales of almost $50 billion, according to ...
Hershey Stock Soars on Report Mondelez Exploring a Takeover
A report says Mondelez is exploring a takeover of the U.S. chocolate maker.
Cadbury-owner Mondelez exploring Hershey acquisition, Bloomberg News reports
Cadbury-parent Mondelez International is exploring the acquisition of chocolate maker Hershey , Bloomberg News reported on Monday, citing people familiar with the matter.
Stock Picks From Seeking Alpha's November 2024 New Analysts
Twenty-six new analysts joined Seeking Alpha in November, sharing diverse investment ideas highlighting their unique backgrounds and expertise. Top picks include U.S. Bancorp Preferred Series A, Hersh...
Hershey: A Deep Dive Into A Confectionery Giant Facing Headwinds
Hershey's strong brand equity and pricing power make it a compelling value investment, especially for dividend-focused investors seeking stability in bear markets. Despite attractive valuation metrics...
U.S. Confectionery Market Assessment and Forecasts to 2028 - The Hershey Company, Mars and Ferrero Continue to Dominate the Market
Dublin, Nov. 19, 2024 (GLOBE NEWSWIRE) -- The "United States of America Confectionery - Market Assessment and Forecasts to 2028" report has been added to ResearchAndMarkets.com's offering. The US conf...
KIT KAT® Brand Debuts First-Ever Seasonal Shape: KIT KAT® Santas
KIT KAT ® will give photo seekers visiting Santa a delicious break from tradition this holiday season HERSHEY, Pa. , Nov. 18, 2024 /PRNewswire/ -- Santa Claus deserves a break, and thanks to KIT KAT®,...
Kraft and Hershey Stock Have Been Dropping. It Isn't About RFK.
Evercore warns that many packaged food companies are losing market share.
Income And Growth, 2 Dividend Gems I'm Watching Like A Hawk
After a recent market dip, two high-quality dividend stocks stand out. Their strong fundamentals and resilience offer compelling post-earnings buying potential. These stocks combine attractive yields ...